Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
IESA Backs Easier Visa Norms For Battery Professionals, Incentives for ACC Batteries Updated On Mon, Sep 9th, 2024 by Saurenergy Industry body, India Energy Storage Alliance (IESA) has advocated for the ACC Battery industry and parity of policy between ACC-PLI bid winners and non-PLI companies for issuing business visas to foreign experts for the installation and commissioning of ACC Factories in India. IESA organized multiple stakeholder consultations to gather industry challenges faced by the Indian […] Read more
Battery Recycling Can Slash Global Lithium Demand By 46%: RMI Updated On Mon, Aug 5th, 2024 by Saurenergy A latest report from global energy think tank–RMI said that mineral recycling can aid in slashing the global Lithium demand by around 46 percent. Battery demand is expected to surge in the coming years. To meet this demand, RMI said that rather than focusing solely on new extraction, countries can focus on battery recycling. Currently, energy […] Read more
Global Investments In Battery To Decline In 2024: Rystad Report Updated On Wed, Jul 31st, 2024 by Saurenergy Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […] Read more
Budget: Provision For Critical Minerals, Lithium To Boost EV Growth Updated On Tue, Jul 23rd, 2024 by Saurenergy The latest budget announced by Union Finance Nirmala Sitharaman announced several interventions that can fuel the growth of Electric Vehicles (EVs) and battery industries across the country. In the recent budget released by the minister in the Parliament, she announced to reduction the Basic Customs Duty (BCD) to zero on critical minerals and numerous components. […] Read more
We Are Set To Expand Battery Recycling: Anupam Kumar (MiniMines) Updated On Mon, Jul 22nd, 2024 by Saurenergy How did the journey of MiniMines start? We founded the company in 2021. I started the company with other co-founder Anupam Kumar and Arvind Bhardwaj. We were driven by a vision to tackle the dual challenges of high electric vehicle (EV) costs, lack of critical minerals, massive import dependency worth 7 billion USD, and environmental […] Read more
Australia Releases New Policy To Augment Battery Production Updated On Mon, May 27th, 2024 by Saurenergy Australia is currently positioned as one of the 15 top-ranked global leaders in mineral resources, and commodities, underscoring its potential to drive innovation and economic growth. Recognizing this, Australia has embarked on a transformative journey with its National Battery Strategy, a pivotal initiative to catalyze a robust domestic battery industry. This new strategy according to […] Read more
Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
Altris, Clarios Announce Collaboration To Boost Sodium-Ion Battery Technology Updated On Mon, Jan 8th, 2024 by Saurenergy Low-voltage battery solutions company Clarios and sodium-ion technology firm Altris announced the creation of an innovative partnership to develop low-voltage sodium-ion batteries for the automotive industry. Every vehicle, including hybrid and electric vehicles, requires a low-voltage energy source to power critical systems and functions. As hybrid and electric vehicles continue to evolve, a joint statement […] Read more
